Question : Import of Crude Oil from Gulf

(a) whether the Government/State owned oil companies have signed any agreement with Middle East countries/ Gulf/Abu Dhabi National Oil Corporation to establish the strategic reserve of crude oil in the country;
(b) if so, the details thereof along with outcome of the said agreement, country-wise;
(c) whether the said agreement is likely to contribute to the country energy security and help in import of more crude oil from the said regions; and
(d) if so, the details thereof and the extent to which the said agreement is likely to boost the Oil trade with these countries?
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Answer given by the minister

MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI DHARMENDRA PRADHAN)
(a) : No, Madam.
(b) to (d): Does not arise.
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